Platform Mortgage

saw1987

mowgliisaG said:

Anybody know timeline for mortgage through broker not porting?? Their online service levels dont say anything. My buyer applied on 28th oct. 

Ours took 11 weeks 

mowgliisaG

saw1987 said:

mowgliisaG said:

Anybody know timeline for mortgage through broker not porting?? Their online service levels dont say anything. My buyer applied on 28th oct. 

Ours took 11 weeks 

Wow valuation was done when? Our buyer had their desktop valuation last Thursday but applied around 28th oct 

saw1987

mowgliisaG said:

saw1987 said:

mowgliisaG said:

Anybody know timeline for mortgage through broker not porting?? Their online service levels dont say anything. My buyer applied on 28th oct. 

Ours took 11 weeks 

Wow valuation was done when? Our buyer had their desktop valuation last Thursday but applied around 28th oct 

Our valuation took place 8 days after submitting the mortgage application. Hopefully your buyers will have there offer quicker than mine. I’d advice them to ring platform themselves and keep escalating as our mortgage advisor was hopeless 

mowgliisaG

Thanks..bizzare that there desktop valuation took place almost 5 weeks after submission.

saw1987

Tbh I think it differs. From what I have read on here , some valuations either take place at the beginning of the application or right at the end. 

mowgliisaG

saw1987 said:

Tbh I think it differs. From what I have read on here , some valuations either take place at the beginning of the application or right at the end. 

Hmm when phoning platform direct what do they ask for? I suppose a unique application code that is with the MB? 

saw1987

mowgliisaG said:

saw1987 said:

Tbh I think it differs. From what I have read on here , some valuations either take place at the beginning of the application or right at the end. 

Hmm when phoning platform direct what do they ask for? I suppose a unique application code that is with the MB? 

They asked me for my name, dob, address, application number and mortgage amount 

mowgliisaG

saw1987 said:

mowgliisaG said:

saw1987 said:

Tbh I think it differs. From what I have read on here , some valuations either take place at the beginning of the application or right at the end. 

Hmm when phoning platform direct what do they ask for? I suppose a unique application code that is with the MB? 

They asked me for my name, dob, address, application number and mortgage amount 

Will pass this onto the buyer...

anyone had an ‘offer approved subject to valuation’? 

Chicksy84

We submitted application on the 24th Nov. 

Valuation was completed on the 1st dec. 
questions from underwriter on the 3rd. 

Offer produced on the 8th dec. they are processing new business quickly I hear. 

JennyP84

We are in the midst of porting our mortgage at the moment. Application was originally sent in on November 4th, and we received a letter confirming receipt. Valuation was not instructed. We then had a problem with our chain and contacted them to let them know. They said because things were taking so long with their processing, they'd just let the application run its course, because they hadn't got to it yet, and hopefully we'd find another buyer in the meantime. We've now found another buyer (for a lower amount) and apparently it will take them seven working days to call us back to even discuss what this means for our mortgage application. If it didn't cost £7,000 to get out we'd have jumped ship a while ago.